41.22 +0.04 (0.10%)
After hours: 7:37PM EDT
|Bid||41.26 x 1100|
|Ask||41.50 x 2900|
|Day's Range||39.83 - 41.19|
|52 Week Range||31.71 - 47.74|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||16.34|
|Earnings Date||Jul. 30, 2020|
|Forward Dividend & Yield||0.92 (2.27%)|
|Ex-Dividend Date||Jun. 30, 2020|
|1y Target Est||45.23|
While NBCUniversal is launching its Peacock streaming service tomorrow with support for a variety of platforms (including iOS and Android devices, Apple TV, Chromecast and Xbox One), two big names are missing from the list — the two largest connected TV platforms, Roku and Amazon Fire TV. If this sounds familiar, it's because WarnerMedia's HBO Max similarly skipped both platforms. At the time, WarnerMedia simply said, "We look forward to reaching agreements with the few outstanding distribution partners left" — but nearly two months later, no agreements have been announced.
The next big media streaming service arrives tomorrow, as NBCUniversal launches Peacock. The service has already been available to parent company Comcast's Xfinity X1 and Flex cable customers since April, but tomorrow marks the launch to a general audience, with anyone in the United States able to sign up and access Peacock on a range of devices including iPhones, iPads, Apple TVs, Android and Android TV devices, Chromecast, Xbox One, Vizion SmartCast TVs and LG SmartTVs. Peacock will also launch on Sony's PlayStation 4 on July 20 — but as with WarnerMedia's HBO Max, there does yet not appear to be an agreement to bring the service to Amazon's Fire TV or Roku.
Does the world really need another video-streaming service? Comcast (NASDAQ: CMCSA), the owner of entertainment giant NBCUniversal, is betting the answer is "yes." The company is hard-launching its Peacock service on Wednesday.
Jimmy Fallon has returned to the television studio for his "Tonight Show," becoming the first late-night host to get back to something approaching normal production in almost four months. Fallon appeared from NBC's New York studio on Monday for a show in which camera operators wore masks, there was no audience, and house band the Roots played in a socially distanced space. "New York is really open now that you're doing your show again," said Fallon's first guest, New York Governor Andrew Cuomo, who appeared remotely.
Two massive media companies launched new streaming services this summer: AT&T (NYSE: T) introduced HBO Max at the end of May, and Comcast (NASDAQ: CMCSA) started offering a preview of Peacock in April with a public launch this month. There are three big issues for AT&T and Comcast in their negotiations with Amazon and Roku.
The service, which became available to some Comcast Corp <CMCSA.O> subscribers in April, is the media giant's effort to offset declines in Comcast's cable TV business - while finding a new way to monetize NBC and Universal content and maintain demand for the company's broadband business, which powers streaming services. Peacock will include a mix of NBC series, sports, news and original shows - such as the dystopian drama "Brave New World" and documentary "In Deep with Ryan Lochte" - as well as content it licenses from ViacomCBS <VIACA.O> and other networks and studios.
This weekend's phased reopening of the media giant's theme parks in Florida is not a good look, but it's the right thing to do.
‘Hamilton’ is continuing to soar following its Disney+ debut with 80% of users tuning in to watch the Broadway phenomenon, according to research complied by 7Park Data.
Yahoo Finance's Alexandra Canal joins Zack Guzman to discuss the surge in streaming and at-home entertainment amid the coronavirus.
Comcast (NASDAQ: CMCSA) is about 10 times as large as Roku (NASDAQ: ROKU) in terms of market cap. CNBC (owned by NBCUniversal) reported yesterday that NBCUniversal has been unable to finalize a distribution deal with Roku or Amazon.com for Peacock, which launches on July 15.
The communications and media conglomerate fell hard as a result of the COVID-19 crisis and headwinds in cable TV.
The following are the top stories on the New York Times business pages. - The number of new state unemployment claims in the U.S. dipped last week, but job losses continue to batter the economy as rising coronavirus cases pushed some regions of the country to reverse course and reimpose shutdown orders on businesses. - A battle of the hedge funds is brewing in the bankruptcy auction of the McClatchy Co, one of the United States' largest and most decorated newspaper chains, pitting Chatham Asset Management and Brigade Capital Management, both debt holders in the chain, against a newcomer to the proceedings, Alden Global Capital.
Every investor in Comcast Corporation (NASDAQ:CMCS.A) should be aware of the most powerful shareholder groups...
As the global economy tries to mount a recovery from the adverse effects created by the coronavirus pandemic, now might be a good time to take a moment to consider the "great redundancy crisis." Mobility has matured, cloud computing services are prolific, and cybersecurity support for a dispersed workforce has advanced considerably.
ViacomCBS (VIAC) adds 40 iconic and award-winning CBS and Comedy Central shows to Pluto TV to attract news users to its free ad-supported streaming service.
Verizon (NYSE: VZ) recently announced a new promotion offering its higher-tier FiOS internet customers up to 12 months of Disney's (NYSE: DIS) Hulu for free. AT&T (NYSE: T) even explicitly told investors part of its go-to-market strategy for HBO Max is partnering with internet providers to bundle the streaming service with home internet. Comcast (NASDAQ: CMCSA) is trying to partner with other pay-TV providers to distribute Peacock, but Comcast's own internet-only subscribers also get free access.
Comcast will open a new Xfinity store in Spokane Valley tomorrow at the Evergreen Crossing Shopping Center and is remodeling its existing retail location in Spokane as part of a more than $4 million brick and mortar retail investment in Washington. The new store is located at 13826 East Indiana Avenue – Ste. 100, Spokane Valley WA 99216, and the existing retail location at 4423 North Division St, Spokane, WA 99207 will be closed for remodeling, July 7 through late summer.
NBCUniversal's Peacock streaming service slated to launch in the middle of this month needs video entertainment content -- ViacomCBS (NASDAQ: VIAC) (NASDAQ: VIAC.A) has it. Namely, why is the owner of CBS as well as movie studio Paramount helping NBC and Universal, respectively, establish Peacock when Viacom already operates a similar streaming service called CBS All Access?
Comcast (CMCSA) owned NBCUniversal signs licensing deal with ViacomCBS to add select Paramount movies and Showtime content on Peacock streaming platform after its launch on Jul 15.
In late February, I wrote an article that suggested that Comcast (NASDAQ: CMCSA) -- parent to NBCUniversal and ultimate owner of new streaming service called Peacock -- was in a league of its own in terms of next-generation advertising technology. Just within the past few days, Roku (NASDAQ: ROKU), Tubi, and Walt Disney (NYSE: DIS) division Hulu all unveiled new technologies that will make the most of their ad-supported streaming platforms.
Comcast Corp's NBCUniversal has struck a deal with ViacomCBS Inc to bring "The Godfather" trilogy, "Undercover Boss" and other hit franchises to the upcoming Peacock streaming video platform, the companies announced on Wednesday. Peacock, set to launch nationally on July 15 on mobile devices, Web and connected television platforms, will compete against Netflix Inc, Amazon.com Inc Prime Video, Walt Disney Co's Disney+, Hulu, and AT&T Inc's HBO Max in the fight for paying subscribers.
Competing studios and media owners are starting to cooperate on a limited basis in order to maximize revenue.
Comcast (CMCSA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.